(Global Edition) From the BBC World Service … One of President Trump’s key economic advisers has resigned, so what will his departure mean for the rest of the world with increasingly protectionist trade policies coming out of the U.S.? Then, one of the most powerful men in the Arab world is meeting with the U.K. prime minister today to talk business. What will Crown Prince Mohammed bin Salman have highest on his agenda? Afterwards, the world’s largest book fair takes place in India … we’ll explore how rising literacy rates are helping boost the publishing industry.
(Markets Edition) As the President holds firm on his plan to impose tariffs on steel and aluminum, many in his own party and administration have asked him to back off. But the markets have done little more than shrug. And we look back to 2002, when President Bush set a 30 percent tariff on steel. What happened? Steel prices went up, American manufacturers closed or went offshore, and jobs disappeared before it was dissolved a year later. Plus, we take you to a lab where engineers are working to design more efficient packaging for online retailer deliveries.
(U.S. Edition) As President Trump insists on tariffs for imported steel and aluminum, we turn our attention to the construction industry, which consumes 40 percent of the nation's steel. Experts say the tariffs would make domestic steel prices rise, and with construction companies' already tight margins, projects would likely stall and workers would lose jobs. Next, we check in on how companies are putting to use savings generated by the new tax plan. And in Chicago, parking ticket debt amounts to more than $1.5 billion, many times the amount of New York's and Los Angeles' combined. We interview reporters behind a ProPublica piece that examined why parking ticket debt is so high in Chicago, and who the system targets.
(Global edition) From the BBC World Service … The head of Kobe Steel — the world’s third-largest steelmaker — resigned today after a months-long investigation into a safety scandal at the company revealed deeply engrained problems of corporate culture. Then, as President Trump considers tariffs on aluminium and steel imports to the United States, we’ll take a look at how such policies could impact India’s steel manufacturers. And the Ebola virus claimed nearly 4,000 lives in Sierra Leone, but millions of dollars raised to fight the virus remain unaccounted for. Our reporter went to find out what happened to the money.
(Markets Edition) President Trump continued talking about new tariffs over the weekend, warning via Twitter that he could "simply apply" a tax on European cars. European officials responded, saying they could do the same with American products like bourbon, blue jeans and Harley Davidson motorcycles. We talk to Eurasia Group's Ian Bremmer on the effects this would have on the markets, and what countries — or companies — may be exempt. Plus, an unlikely buzzword from last night's Oscars: inclusion rider. That's a movie contract clause saying that the demographics of a film's cast and crew must match that of the U.S. population. And in the wake of the Trump administration's reversal of deportation protection for Salvadorans, we take a look at the economic climate and effects of widespread violence in El Salvador.
(U.S. Edition) Early results from yesterday's election in Italy show gains for the anti-establishment Five Star Movement, which took about a third of the vote. But no party or coalition won a majority, which could eventually pose a threat to European economic and political stability. In China, officials are focusing on more modest growth targets in an effort to stop obsessing over numbers and instead address imbalances and inefficiencies in the economy like poverty, debt risk and pollution. This is happening alongside an increase in defense spending. And as Black Panther nears $1 billion in box office sales worldwide, we take a look at an industry that's also getting a bump: African fashion.